Archive for July, 2012

Venzo Mobile Expands To Android With Jazz App

July 20, 2012 at 5:33 pm Leave a comment

What exactly is Venzo Digital?

Venzo

With no upfront fees, subscription fees, renewal fees, or maintenance fees whatsoever, Venzo Digital provides clients customized marketing, promotion, sync licensing and administrative support to help maximize the earnings potential of specific music and video releases or catalogs. At the heart of Venzo Digital is "INTRANET PRIME": a proprietary, end-to-end digital asset management platform that automates many distribution and administration functions.

Utilizing the Client Console, artists have total visibility on the status of their releases as well as how, when and where they are distributed, the ability to opt in and out of retail deals and review and export weekly & monthly sales reports. Our platform is a content hub that connects directly to iTunes, Amazon, Spotify, eMusic, Yogitunes, VidZone & Muzu.tv with much more to come. Venzo Digital is a true digital company, not just an aggregator of services.

Our entire organization is staffed by senior engineers, and there is no non-technical or non-software producing management. Venzo Digital has a radical approach to enterprise application development. Specifically, we develop enterprise software as if it were shrink-wrap software, therefore the software is installable on any platform and scales to the enterprise level!

Venzo Digital is also the perfect solution for mobile app development. Whether you're an artist, movie maker, record label, distributor, radio station, magazine, or publishing company, we can build the most beautiful and vivid music apps in the world. By using our powerful platform, we can enable you to gain entry into the mobile space freely. This will allow you to increase your social network and generating more money without hurting your wallet! We get paid, when you get paid!

So what are you waiting for? Get in on the action at: http://www.venzodigital.com

July 12, 2012 at 2:11 am Leave a comment

Venzo Music Signs New Store: YogiTunes As Part of Prime 7 Launch!

Hey guys,

We are extremely excited to welcome the world's largest Yoga Music Store: YogiTunes ( www.yogitunes.com ) into our INTRANET platform. As part of the new Prime 7 update, we have integrated this amazing new service along with some great new features.

So how does YogiTunes work?

YogiTunes allows artist's music to be played by the world's best yoga teachers. This will help any artist gain notoriety in the yoga world.  YogiTunes offers a premium download service that enables yoga fans to download  music. As always, artists can sell unlimited music through us for free + earn 80% of everything sold.

What other new features are available in Prime 7?

In our latest update of INTRANET Prime, we've added a new "Cover Art" feature. This enables Venzo Music customers to view the album cover they have currently selected for your albums. Secondly, we've beefed up our security features, making Prime 7 a very secured software to use. Finally, my personal favorite feature is the all-new "Send All Albums" feature!

With our breakthrough technology in INTRANET, we have enabled our customers to send their entire catalog of music to any particular store with just ONE click! This feature is extremely useful as we add new additional stores, update catalog to current stores, and more. No longer do our artists have to re-submit an album to a new store (if they wanted to). Now with the power of Prime 7, they can send their entire catalog of music with only a push of a button. Its that easy!

On another note, we have also partnered with CNET and we are glad to announce that INTRANET Prime is now available on Download.com. So what are you waiting for? Visit http://music.venzodigital.com, create your FREE account, and start using the new INTRANET Prime 7 today!

FOR PRESS: If you are a PR agent, press, blogger, news team, editor and would like to see the new Prime 7 in action, please feel free to contact us and we'll send you a brief link where you can view the demo video!

July 6, 2012 at 6:08 pm Leave a comment

So Why Did MOG sold to HTC for $14 Million???

Source: GigaOM

HTC revealed Tuesday in a note to its shareholders that it spent $14M on music subscription service MOG through its Beats Electronics subsidy this week (hat tip to Unwired View). Of course, the number is not much of a surprise to GigaOM readers, as Om first reported it as the acquisition price more than three months ago. What remains is the question: Why did MOG sell for so little after raising $25 million?

The obvious answer is that MOG simply didn’t have that many users. MOG had never broken out the number of paying subscribers, but the company’s CEO David Hyman said in February that it had a total of 500,000 active users,  which included users of its free service tier. To compare, Spotify announced in January that it had reached three million paying users worldwide.

But there’s another reason for MOG’s low valuation, and it has nothing to do with its popularity: MOG’s music licenses are of limited use for any buyer, HTC included. This was pointed out by former MOG employee and web audio pioneer Lucas Gonze when rumors of the sale bubbled up in March. Back then, Gonze wrote on his blog:

“Companies like MOG, Spotify, and Rdio rely on negotiated deals with record labels. Those deals usually contain clauses that make the deal non-transferable in case of a change of ownership.”

I asked Beats about this, and a spokesperson replied via email:

“Mog the music service and the rights they retain will remain the same today as they were last week pre-aqusition.”

That’s decidedly vague, but makes some more sense if you put in in the context of the acquisition announcement itself. Monday, Beats announced that “MOG’s music service will continue to operate as an independent company,” which may just be what it needs to do in order to not lose those precious licenses. Or maybe it’s part of a deal hammered out between the labels and Beats during those long months ever since the first sale rumors surfaced in March. Maybe one day, we will know why selling MOG for so little took so long.

However, one thing is already clear: HTC won’t just be able to take the licenses MOG originally negotiated with the labels and use them to launch its own, Beats Audio-branded music subscription service for HTC handset owners. To do so, it has to go back to the negotiating table. The same would have been true for any other potential suitor, which explains why in the end, MOG was worth so little.

So why did HTC buy anyway? Because it’s one of the few companies that doesn’t actually have to worry much about music licensing. Again, Gonze:

“It happens that one of the major stakeholders in Beats is Jimmy Iovine, who is also a lead at Universal Music. That’s not to say that in this deal UMG is getting ownership of MOG (they already have equity anyway). It is to say that getting Universal’s blessing is pretty much a done deal. And where Universal goes, Sony and Warner go, because Universal is the 600 pound gorilla of labels.”

And of course, it only helps that Universal also has equity in Beats. In other words: HTC is a perfect buyer for MOG – but there aren’t many other companies in its position, which meant it could pick up the subscription service on the cheap.

July 4, 2012 at 9:09 pm Leave a comment

OFFICIAL: Dre & Iovine’s Beats Buys MOG

Mog

Source: Hypebot

It's been rumored for weeks, but now it's official:  Beats Electronics, the company co-founded by musician and producer Dr. Dre along with Interscope, Geffen, A&M Chairman Jimmy Iovine, has agreed to acquire on-demand digital music service MOG.  The MOG Music Network (MMN) blog network is not part of the acquisition rumored to be priced around $10 million.

For MOG investors, the sale marks an exit from a marketplace overcrowded with competitors including Spotify, Rhapsody, Rdio and Deezer. MOG, however, fits Beats plan to create an end-to-end premium music experience, that to date that has meant hardware including headphones.

MOG’s music service will continue to operate as an independent company with no immediate changes to the service or impact on MOG users/subscribers.  The MOG Music Network (MMN) is not part of the acquisition and will remain its own entity.

MOG employees will remain with the company and will continue towork out of MOG’s offices in Berkeley, CA. MOG founder and CEO, David Hyman, will assume the title of CEO of MOG reporting directly to Beats President and COO Luke Wood.

July 3, 2012 at 5:12 pm Leave a comment


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